Leaked memo reveals Disney's new finance structure as more layoffs loom, with a reported 15% of entertainment staffers to be cut
, who is SVP finance at Disney TV, will leave the company, according to the memo. Richart joined the company in 2003, according to his LinkedIn bio.
We are now aligning the Disney Entertainment and ESPN Finance organizations with the company's new operating model. Bryan Castellani has been named CFO, Disney Entertainment and ESPN. In this capacity, Bryan will report to Alan, Dana, and Jimmy, with dual reporting to me. He will lead core business and financial planning functions in support of our content and distribution teams.
Tom Hennessy will oversee finance for ESPN, including segment consolidation for our global sports businesses.Rohit Shah will oversee finance for Ad Sales. In addition, Trisha Husson will transition to a strategy and operations role for our television businesses, reporting to Eric Schrier. I am similarly grateful for Trisha's leadership over these last few years in integrating our entertainment television businesses and growing our industry-leading television content portfolio.
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